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What Is an Executor?

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The cornerstone of any estate plan is a Last Will and Testament. When you create your Will you will have to make a number of very important decisions. You may assume that all of these decisions relate to the division of your assets upon your death; however, there is another decision that must be made when you create your Will that is likely of more importance than you realize-the appointment of an executor. Unfortunately, most people give very little thought to the appointment of an executor … [Read more...] about What Is an Executor?

Texas History – Do You Know the Name of the Historic Baptist Church that Counts Sam Houston as a Member?

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Sam Houston’s third wife, Margaret Moffette Lea of Marion, Alabama, spent 14 years trying to convert Sam to the Baptist denomination. With the assistance of George Washington Baines, she was able to convince him. Word had spread about the upcoming Baptism, bringing spectators from neighboring communities into Independence, Texas, to witness the event. On November 19, 1854, Sam Houston was baptized in Little Rocky Creek, two miles south of Independence, and became a member of Independence Baptist … [Read more...] about Texas History – Do You Know the Name of the Historic Baptist Church that Counts Sam Houston as a Member?

Texas Estate Liquidity: Why It’s Important

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Texas Estate Liquidity: Why It's Important from Steve P. Mendel Although the gold coins are the least valuable of your assets, they are the most valuable liquid asset because they can be turned into cash in about an hour by selling them to a gold and silver dealer. Learn more about Texas estate liquidity in this presentation.   … [Read more...] about Texas Estate Liquidity: Why It’s Important

Including the Family Pet In Your Estate Plan

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Including the Family Pet In Your Estate Plan from Steve P. Mendel Pet Ownership in the United States Americans are rather unique in their relationships with animals Unlike other cultures, we treat animals as part of the family. Americans own about 180 million cats and dogs. At least one cat or dog is found in almost half of all American homes. Learn more about the family pet in your estate plan in this presentation.   … [Read more...] about Including the Family Pet In Your Estate Plan

Parents With Minor Children – Why Estate Planning Is So Important

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Parents With Minor Children - Why Estate Planning Is So Important from Steve P. Mendel To ensure that your child’s inheritance is guarded and used according to your wishes, consider creating a trust. Life insurance proceeds can pay into a trust, thereby avoiding probate and providing immediate funds for your child’s care. Learn more about Parents With Minor Children in this presentation.   … [Read more...] about Parents With Minor Children – Why Estate Planning Is So Important

What Is a POD or TOD Account?

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When it comes to titling assets and property it may seem as though there are an endless number of options. As the owner, the dizzying array of initials and legal terminology may not seem important when you are filling out the title to your car or your bank account; however, the reality is that the way you title property will have a direct impact on what happens to the property in the event of your death. Two sets of initials that you may have seen before, TOD and POD, are important to … [Read more...] about What Is a POD or TOD Account?

Texas History – Do You Know What City is the Birthplace of the First and Second Native-Born Texan Governors?

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Governors James Stephen Hogg and Thomas M. Campbell hail from the city of Rusk, Texas. James Stephen Hogg was the 20TH governor of Texas and served from 1891-1895. Thomas M. Campbell was the 24TH governor of Texas and served from 1907-1911. The town was established by an act of the Texas Legislature on April 11, 1846. It was named after Thomas Jefferson Rusk, signer of the Texas Declaration of Independence. … [Read more...] about Texas History – Do You Know What City is the Birthplace of the First and Second Native-Born Texan Governors?

Free Report: Texas Funeral Planning: Why You Should Consider Including It In Your Estate Plan

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Funeral Hidden Heading   According to the National Funeral Directors Association, the average funeral costs around $6,600. Cemetery services will cost another $3,000, on average, bringing the total cost to around $10,000 for the average funeral and burial. Of course, funeral directors will try and get your loved ones to spend more than that by stressing the importance of the entire affair. Your loved ones, in turn, will be emotionally vulnerable and easily swayed because they are … [Read more...] about Free Report: Texas Funeral Planning: Why You Should Consider Including It In Your Estate Plan